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Bankruptcy Beat
"Provides an inside view into the latest corporate bankruptcies, companies headed for trouble and emerging trends in bankruptcy law, distressed investing and corporate restructuring."
Author: Lead editor Marie Beaudette and Daily Bankruptcy Review reporters are based in Washington, New York and Wilmington, Del.
Blawg Related Categories: Bankruptcy Law • Legal News Publication
Recent Posts from Bankruptcy Beat
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Law Firms Get $30M For Work On ABFS Case
The lawyers are gobbling away at the $100 million settlement reached in the American Business Financial Services case. Two law firms that sued on behalf of creditors this week won a $30 million contingent fee…
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Blixseth Furniture, Antiques Up For Grabs
The furnishings that used to fill Tim and Edra Blixseth's private residence at Yellowstone Mountain Club are going up for auction Saturday.
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The Daily Docket: General Growth Inks Mortgage Deal
General Growth has reached a deal to restructure nearly $9 billion of mortgages on 77 of its malls. Paulson & Co. won court approval to buy Idearc stock after it exits bankruptcy protection. A labor…
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Creditors Set Sights on Sun Capital, Salford Capital in MIG Money Hunt
Creditors are battling to get financial information from Metromedia International Group Inc., which holds a stake in the company that owns a 46% of the company that owns 100% of Magticom, the leading mobile phone…
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Former Car Salesman Denny Hecker Held In Contempt
Fallen former car salesman Denny Hecker was held in contempt of court for not turning over his financial records in a timely manner.
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The Daily Docket: GAO Issues Pension Report
The Government Accountability Office says top executives at four companies that terminated their pension plans received $49.5 million in retirement and severance benefits in the years before the companies sought bankruptcy protection. Taylor-Wharton International has…
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Erickson Resists Call For Patient-Care Ombudsman
Erickson Retirement Communities touts “on-campus medical centers” and board-certified physicians on its Web site, but the operator of senior-living centers told a bankruptcy court that it doesn't provide medical care to its residents.
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If You Can’t Beat ‘Em, Join ‘Em
Arena Football League, which canceled its 2009 season and filed for bankruptcy protection, is now seeking to sell itself to a rival professional indoor football league, which AFL happened to sue just last month for…
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The Daily Docket: Trump Backs Down
Donald Trump is dropping his bid to regain control of the Atlantic City casinos that bear his name. Fontainebleau Las Vegas has reached a deal to sell itself to Penn National Gaming. Simon Property Group…
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Trouble in Paradise
Amelia Island Plantation, a luxury resort boasting ocean-view accommodations, a private beach club and an AAA four-diamond rating, filed for bankruptcy protection Friday, blaming the recession for putting a damper on its business.


